So, I’ve now got a budget spreadsheet, a tracking system, a new source of snowflaking money, and now, I have an organized place to immediately put that money. I’ve had an ING online savings account for a while now, but yesterday, I went and added a subaccount specifically for snowflake money. My plan is to put snowflake money in this account, and once it reaches $50 or $100, then I’ll put it towards my current snowflake target. It’s not an original idea, but definitely a good one. Here’s how I did it…
ING makes this process very easy and simple, but not easily recognizable. If you already have an ING account, you go ahead and login to your normal account. The first thing I noticed when I was trying to do this is that they don’t have a button or anything mentioning subaccounts, which is what I wanted. I knew from reading other personale finance blogs (ahem, Paid Twice) that subaccounts were definitely possible. On the left hand side of the screen, there is a Add New Account. At first glance, I thought that meant a new account, like checking or CD or something. I went ahead and clicked it anyway. Under the list of types of accounts, Savings was one of the options, so I choose it, and followed the remaining screens, naming my new account, Snowflake. Once back to my home screen of my account, it is sort of like a subaccount and it is listed underneath my original account. Now, I have a place to put my snowflake money until is time to put it to work paying off my debt.

Hopefully I’m now one step closer to utilizing snowflaking to pay off my debt!
I just have to keep on stepping!

Filed under: budget, debt, snowflake